USD 290.130.380.13%

Member of the Executive Committee - Investment Funds

Mr. Daniel Piette serves as a Member of the Executive Committee in charge of Investment Funds at LVMH Moet Hennessy Louis Vuitton SA. He graduated from the ESSEC Business School and the Columbia Business School . He began his career with Arthur D. Little in the United States, before joining the Bosch group in 1974, where he held a series of positions. He joined MatraManurhin in 1979 before becoming Head of the DMC Fashion and Textiles Division in 1984. Mr. Piette joined LVMH in 1990 as Executive Vice President. He is a Chevalier in the French Legion of Honor.

Age: 70

33 1 44 13 22 22 http://www.lvmh.com

Management Efficiency

The company has return on total asset (ROA) of 7.77 % which means that it generated profit of $7.77 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of 17.82 % meaning that it generated $17.82 on every $100 dollars invested by stockholders.

The company has accumulated 15.58 B in total debt with debt to equity ratio (D/E) of 46.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. LVMH Mot Hennessy Louis Vuitton S E has Current Ratio of 1.79 which is within standard range for the sector.